Personal Finance Advice and Commentary

Homeowners who are trying to sell their homes through short sale can now cut to the chase if they get the runaround.

New rules are supposed to make short sales easier. Will they?

Bank of America is offering to pay delinquent homeowners up to $30,000 if they sell their homes through short sale.

More than four years into the housing crisis, here are new rules to make the short sale process easier and speedier.

Expect to see a new wave of short sales in 2012 — if all goes as planned. The powers that be are on a mission to make short sales more attractive to lenders and borrowers. Fannie Mae and Freddie Mac — which guarantee or own more than half of the outstanding mortgages in the United

If you plan to unload your home through a short sale, get moving. 2012 may be your last chance to sell a home that is worth less than what you owe without having to face tax consequences. When lenders approve a short sale, the difference between the sale price and what is owed on the